focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
**US banks Citigroup and Merrill Lynch reveal fresh $15bn loss** **Group of Seven finance ministers and central bankers fail to agree measures to tackle the global credit crunch** Monday could be a rough day. Already short on FTSE but will also open short on Dow I think.
LONDON (Thomson Financial) - Trikona Trinity Capital Plc. said it continues to operate ahead of the plan stated in its admission document, and is well positioned for continued strong performance into the next financial year. In a pre-close trading update, the fund created for investing in Indian real estate and infrastructure, managed by Trikona Capital, said it expects key developments during the second half of the financial year have driven further progression in the net asset value of the company.
Just been looking at this companies site, it's poor to say the least and confusing. If this is their lead product then I dont hold out much hope.
Be careful here chaps, strong rises with no news..... exactly what happened with Stanelco, then huge drops. I lost big time with SEO and still recovering. Please don't take this as de-ramping, it's just my opinion.
Public relations and marketing group Chime Communications posted a 29% increase in profits last week and said it saw no sign of a slowdown in business, but investors took a different view last week and marked the stock down. The company's strong balance sheet and discount to other media companies makes the sell-off look overdone. >> Long-term buyers at 30p could reap rewards.
Times online reports the following: Shire’s shares leapt after traders reported talk of bid interest from Pfizer, its US rival. Neither company commented. Isn't it Shire that have the interest in Juvista? If they get bought out then they may walk away from the project with Renovo all together? What do people make of this?
Guys, does this company not do the same thing as SEO? No hyping on this board though? Surely this company is also in a good position to take advantage over the increased pressure on countries to us 'eco-friendly products'? Would be grateful for your thoughts??
Shares in Renovo have slumped 70 per cent over the past six months, mostly on the back of this week's announcement that Juvista, the company's scar prevention - and potential blockbuster - drug had failed its latest trial. Britain's once largest biotechnology company had its value halved in the snap of a jaw. Renovo said the drug, developed from studies of wound-healing in alligator embryos, had failed trials to prevent scarring in breast augmentation surgery. Juvista has, however, worked when tested on other parts of the body. Seven Phase II trials have been successful. Many biotechnology analysts, familiar with the volatility of the sector, are sticking by the company. They believe the market overreacted and that Juvista's chance of making it should not yet be written off. Shire, the company's partner, is reviewing data and could still walk away but having paid the biotech company an upfront $75m (£37.6m) as well as a $50m equity investment at 200p a share, this seems unlikely. If anything, Shire is more likely to buy Renovo if it still has confidence in the business. The shares are cheap - closing at 55¼p on Friday - but remain only for the high-risk investor. I got into this on the back off the huge drop. Am hoping for a recovery, any thoughts?
I can see more recovery on this today. Hopefully double digit if the FTSE holds up. Any thoughts from anyone??
What is going on here?? 3 director sells yesterday at 900p+ then a 50% drop today.
Got in this first thing thismorning. Well overcooked, expecting 15% gains today. Good luck everyone.
Read the RNS announcements for today. Quite a few to go through!
Buy for over a million shares just went through, news please!!
Buys not outweighing the sells for the last 10 minutes? Has this bottomed?
How can that happen? How can the SP be 69p but the offer price be 50p?? Never seen that before. Is that due to the huge volume of sells?